Musk says Tesla likely to launch humanoid robot prototype next year

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Tesla (TSLA) Deutsche Bank Reiterates 'Buy' on Tesla Following AI Day, Analyst Positive on 'Very Ambitious Efforts'

August 23, 2021 9:44 AM EDT

Deutsche Bank analyst Emmanuel Rosner reiterated a Buy rating on Tesla (NASDAQ: TSLA) following ambitious plans outlined during the companys AI day last week.

DB came away with greater appreciation for Teslas efforts in AI, the analyst writes in a client note.

Big picture, Tesla outlined a very ambitious effort to develop a high performance neural network with very scalable underlying compute and accurate+fast data labeling. This effort creates a positive... More

Tesla (TSLA) Quietly Increases Deposit Prices During AI Day

August 20, 2021 11:39 AM EDT

Teslas (NASDAQ: TSLA) CEO, Elon Musk, presented at yesterdays 2021 AI day event. One of the highlights of his presentation involved the companys announcement that it will begin working on humanoid robots for labor purposes. However, while the tech world was focused... More

Tesla (TSLA) Bot Seen as 'Absolute Head Scratcher That Will Further Agitate Investors,' Focus on Competition, Batteries, and Capacity Instead Says Analyst

August 20, 2021 8:21 AM EDT

During the much-anticipated Tesla (NASDAQ: TSLA) AI day that took place yesterday, CEO Elon Musk said the electric vehicle (EV) company will likely launch a Tesla "Bot next year designed to operate boring work that people hate to do.

The robot will be tasked to perform simple tasks, like attaching bolts to cars and picking up groceries. Musk believes that robots will have "profound implications for the economy with an aim not to make them very expensive.

"Is the 'Tesla Bot' the next dream shot to pump up the hype machine?" said Raj Rajkumar,... More